Whitecrust Finance Company says it has disbursed loans to around 16,000 clients over the past two years, covering civil servants, individuals, and small businesses.
The company’s Managing Director, Kingsley Eremionkhale, announced this milestone during an investor briefing held at the firm’s Lagos headquarters. He attributed the figure to a “compassionate approach” that targets underserved groups, including government employees and youth entrepreneurs.
Eremionkhale emphasised efforts to design “simple, flexible” financial products tailored to diverse needs. Among the company’s offerings are term-based investments (such as High-Yield Investment Coupon, Fixed Term Investment, and Senior Citizen Investment) and target-oriented investment packages (labeled Relief, Early Starters, and Vacay).
This push coincides with Whitecrust Finance Company’s acquisition of a Central Bank of Nigeria (CBN) finance company license, granted in 2024. The license enables the company to offer regulated financial products like 24-hour quick loans and high-yield investments, reportedly offering returns up to 24 percent, with greater flexibility and oversight.
Whitecrust Finance is a subsidiary of Whitecrust Investment Limited, a diversified investment conglomerate active across sectors like financial services, energy, real estate, logistics, and agribusiness.
